Toyo Tire saw the highest growth of 3.49% in patent filings in May and 0.82% in grants in April in Q2 2024. Compared to Q1 2024, Q2 2024 saw an increase in patent filings by 0.26% and grants by 0.82%. GlobalData’s DataBook provides a comprehensive analysis of Toyo Tire’s patent filings and grants. Buy the databook here.
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Toyo Tire has been focused on protecting inventions in United States(US) with 31 publications in Q2 2024
The United States(US) Patent Office dominates the patent filings and grants with nearly 61% filings and 53% grants. The United States(US), European Patent Office(EPO), and Germany(DE) patent Office are among the top ten patent offices where Toyo Tire is filings its patents. Among the top granted patent authorities, Toyo Tire has 53% of its grants in United States(US), 29% in European Patent Office(EPO) and 18% in Germany(DE).
Yokohama Rubber could be the strongest competitor for Toyo Tire
In terms of grant share, Toyo Tire stands in fourth position among its competitors. Yokohama Rubber and Toyo Tire secured the top positions according to recent patent publication data.
Patents related to climate change and sustainable transportation lead Toyo Tire's portfolio
Toyo Tire has the highest number of patents in climate change followed by, sustainable transportation and artificial intelligence. For climate change, nearly 35% of patents were filed and 43% of patents were granted in Q2 2024.
Tires and wheels related patents lead Toyo Tire portfolio followed by petrochemicals, and automotive materials
Toyo Tire has highest number of patents in tires and wheels followed by petrochemicals, automotive materials, exterior and materials, and vehicle lightweighting. For tires and wheels, nearly 31% of patents were filed and 56% of patents were granted in Q2 2024.
For comprehensive analysis of Toyo Tire's filings and grants, buy the databook here.
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